The Blockchain Industry in Indonesia Sees Growing Demand

    2019/04/05 21:01 Maxwell huang Created with Sketch.

Jakarta, Indonesia as the fourth largest populated country in the world, has a huge potential market for blockchain industry in the future. Bappebti (Commodity Futures Trading Regulatory Agency) announced a new regulation on Feb 2019 defining the structure for cryptocurrency exchanges, storage companies, wallet management companies, and future exchanges. This regulation gives definite certainty to cryptocurrency and blockchain related businesses that have already been operating, as well as confidence to new businesses to invest in this sector. To avail the opportunities, KoinX in partnership with Bgogo, Jinse, and Chainup hosted an event Indonesia Blockchain Summit on 1st April 2019 at GreenHouse Co-working Space, Jakarta.

Samuel Tng, CMO of KoinX said, “we have successfully brought together the top crypto projects, global venture capitals, local business conglomerates, one of the ministries head, and regulators under the same roof to the event, so that everyone can share their views on how blockchain and cryptocurrency can be the most transparent, secure and compliant for the growth and development of blockchain technology in Indonesia.”

Indonesia Blockchain Summit aims to gather all top blockchain enthusiasts, investors and projects from across the world to give everybody an opportunity to understand the potential of blockchain technology in Indonesia. Moreover, the main goal is to spread the awareness of Blockchain and educate as many people as possible to make Indonesia one of the main blockchain-hub, that will not only provide job opportunities but also contribute in traditional business sectors.

This year, KoinX has successfully invited the top global and local blockchain players to the Indonesia Blockchain Summit. Among the global players are Genesis Capital, PreAngel, Evo Capital, Aelf, Kronos, Ultrain, Zcoin, Edenchain, Perlin, Mars Finance, Chainup, Jinse Finance, OEX, 1-3 labs Capital, BitTemple, and many others. Among the Indonesian VIP guests invited are Government Ministries, and local projects such as Hara Token, Vexanium, Asosiasi Blockchain Indonesia and more.

To further support and accelerate blockchain adoption and innovation in Indonesia, KoinX plans to host this event annually with even bigger concept of speakers and participants.

    Adapted from: Author: IndonesiaBlockchainSummit Executive editor: Maxwell
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